The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping and RMI have launched Katalist, a non-profit platform designed to accelerate the shipping industry’s transition to zero-emission fuels. This platform will facilitate the tracking and trading of carbon credits, helping to incentivize and reward sustainable shipping practices, reports Zero Carbon Shipping.
Understanding it’s Working
Book and claim is a chain-of-custody model that separates a product from its sustainability benefits and transfers them to another party through a registry. This enables customers to claim the environmental benefits of a product without physically receiving it.
Katalist was designed in partnership with the Energy Web Foundation using experience gained from the development of a range of chain-of-custody models, including the Sustainable Aviation Fuel Registry (SAFc), and extensive knowledge of shipping decarbonization. Over 25 organizations from across the maritime value chain have also contributed to the development and testing of the system and confirm the registry as a critical enabler within the shipping decarbonization ecosystem.
Consistent, auditable data
The registry enables freight customers to receive transparent information about the savings they’ve obtained in a consistent, auditable format across multiple carriers. Katalist also sets strict criteria, ensuring every token booked on the registry corresponds to low-emission fuels used during a voyage.
Katalist gives carriers access to a broad customer base and reduces the administrative burden of selling low emission transport. It also provides them the flexibility to bunker any available alternative fuel without concern for whether their freight customer will be willing to cover the cost. Katalist has already attracted attention from cargo owners as the Zero Emission Maritime Buyers Alliance (ZEMBA) members will use Katalist to facilitate the claiming of sustainable marine fuel tokens generated through ZEMBA’s first tender in 2025 and 2026.
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Source: Zero Carbon Shipping
